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Overview

5 bd3 ba3,292 sqft3 car garageSingle Family
TypeSingle Family
HOA$256.95/qtr
Built2021
Lot9,157 sqft
Living area3,292 sqft
Price / sqft$197
Garage3 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Cathedral Ceiling(s)Ceiling Fans(s)Crown MoldingEat-in KitchenHigh CeilingsOpen FloorplanPrimarybedroom UpstairsStone Counters

31584 Colada Drift Way is a 2021-built home in Epperson Ranch South Ph 3b &, Wesley Chapel. Inside you'll find 5 bedrooms, 3 bathrooms, and 3,292 square feet of living space. Listed at $650,000 (about $197/sqft), 23 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $256.95 quarterly.

From the listing

Welcome to 31584 Colada Drift Way, Wesley Chapel, FL 33545—a breathtaking, modern sanctuary that offers an unparalleled financial opportunity. Built in 2021, this stunning estate boasts 3,292 square feet of meticulously crafted living space featuring 5 large bedrooms, (1 bedroom on the first floor), 3 full bathrooms, sitting proudly on an expansive 0.21-acre lot, which provides an expansive backyard paradise with plenty of room to create your own outdoor oasis. What sets this property entirely apart is an incredible, rare incentive: a VA assumable loan at a locked interest rate of just 2.5% for qualified buyers, offering thousands of dollars in monthly savings compared to today's market rates! Step inside to discover a bright, open-concept floor plan designed for contemporary living and effortless entertaining. Built to the highest modern standards, the home flows seamlessly from a spacious grand great room to a gourmet kitchen equipped with premium finishes and numerous design upgrades. With over 3,200 square feet of versatile space, there is room for everyone to live, work, and play in absolute comfort. Please see the extensive list of premium upgrades in the attachment. Nestled in one of the most desirable pockets of Wesley Chapel, Florida, this home provides an elite suburban lifestyle with easy access to premier shopping, dining, and entertainment. Perfect for families, the property is zoned for highly rated local schools. Live like you're on vacation every single day! Your quarterly HOA fees include high-speed Ultra-Fi internet and cable, giving you exclusive access to the world-famous Epperson Crystal Lagoon. Enjoy acres of crystal-clear blue waters, sandy beaches, swim-up bars, paddleboarding, kayaking, a dog park, and year-round community events! This golf-cart-friendly paradise is located just minutes from a brand-new Publix plaza, shopping, dining, and so much more! Don’t miss this turn-key dream home paired with a desireable 2.5% financing vehicle. (Note: The assumable loan is open to both veteran and qualified non-veteran buyers who meet VA credit/income requirements; buyer must cover the equity gap). Schedule your private showing today and prepare to fall in love with this beautiful home!

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The essentials

Built
2021
Price / sqft
$197
On market
23 days
Annual tax
$3,792
HOA
$256.95/qtr
Flood zone
X · Low risk
Lot
9,157 sqft
Type
Single Family Residence

At a glance

Single family
Built 2021
Community pool
Shared amenity
3 car garage
9,157 sqft lot
Lot size
3,292 sqft
Living area

Payment

Est. monthly payment
$4,117/mo
Down payment (20%)
$130,000
Property taxes
$316/mo
HOA
$256.95/qtr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2021
Lot
9,157 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
23
Cathedral Ceiling(s)
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
High Ceilings
Open Floorplan
Primarybedroom Upstairs
Stone Counters
Tray Ceiling(s)
Vaulted Ceiling(s)
Walk-in Closet(s)
Window Treatments
Hurricane Shutters
Clubhouse
Community Mailbox
Deed Restrictions
Dog Park
Golf Carts OK
Park
Playground
Pool
Built-in Oven
Cooktop
Dishwasher
Dryer
Refrigerator
Washer
Elementary
Wesley Chapel Elementary-PO
Middle
Thomas E Weightman Middle-PO
High
Wesley Chapel High-PO

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file In a CDD (Community Development District) Flood Zone X
Annual Tax (2025)
$3,792
Parcel #
20-25-34-016.0-000.00-073.0

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Epperson Ranch South Ph 3b &
County
Pasco
MLS Area
33545 - Wesley Chapel
Lot Size
9,157 sqft
HOA
$256.95/qtr
Kai Management Co

Price history

Date
Event
Price
9/17/2026
Listed for sale
Source: Stellar MLS #TB8549697
$650,000+26.2%
$197/sqft
8/31/2021
Sold
Source: Pasco County Public Record
$514,900
$156/sqft

Neighborhood

31584 Colada Drift Way
Wesley Chapel, FL, 33545 · 33545 - Wesley Chapel

Market insights

Offer Insights

Choose an offer strength

List price: $650,000
$645,000 – $650,000
99.5% – 100% of listTops out right at the list price
80% of listList price
204 of the last 321 home closings in 33545 landed at this number or higher (64%). The median one sat 33 days before it went under contract, and this one is on day 23.

Sample: 321 closed home sales in 33545 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$4,117/mo
Principal & interest$3,390
Property taxes$316
Insurance$325
HOA$86
Down payment20% · $130,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$650,000

$197 per sq ft

Beds and baths

5 beds, 3 baths

Size

3,292 sq ft

Time on market

23 days

Year built

2021

Monthly payment

About $4,117/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,792 annual tax bill, insurance, and the $256.95/qtr HOA fee.

HOA fee

$256.95/qtr

Managed by Kai Management Co.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

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Brokered byKELLER WILLIAMS TAMPA PROPERTIESListing agent: Dondra Jacobs ShultzListing data from Stellar MLS, MLS# TB8549697.

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